Staggering wealth of F1 teen sensation Oliver Bearman revealed

F1 star Oliver Bearman is a millionaire aged just 18, new accounts reveal.

Ferrari’s rising star defeated idol Lewis Hamilton in a stunning debut race in Saudi Arabia last Saturday when he finished seventh.

And figures show that his racing company – OBR Management Ltd – is running at full speed. It has assets of £302,263 and is owed £774,730.

It means the teen wonder, who is dating TikTok sensation Estelle Ogilvy, is worth a whopping £1,076,993 on paper.

The company, formerly known as Oliver Bearman Racing Ltd, is channeling its F1 revenue and this week filed its accounts to Companies House until June 30, 2023.

OBR Management was founded in June 2020 and was previously known as Ollie Bearman Racing Ltd.

Oliver – who joined the Ferrari academy at the age of 16 – is one of three directors of the company, along with his father, David, 45.

And a source said: “Oliver has burst onto the scene and will add millions to his income in the coming years.

“He is very marketable and likeable, so companies will want to be associated with him.

“And the fact that he is dating Estelle, who could also make millions from modeling, only adds to his worth.”

We told on Wednesday how the teenage F1 star failed his first driving test before passing on the second attempt.

He failed due to “reaction to traffic lights” – which probably meant he drove away too quickly.

Driving instructor David, 52, who helped him for the second time, told how they took lessons in Ollie’s BMW and he felt “completely safe”.

The teenage star replaced Carlos Sainz at the Saudi Arabian Grand Prix and won the fan-voted Driver of the Day award.

He is ready for more Formula 1 outings after his dazzling debut.